Murar Foundation Inc

Organization Overview

Murar Foundation Inc is located in Linville, NC. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murar Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Murar Foundation Inc generated $925.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $575.2k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Murar Foundation Inc has awarded 132 individual grants totaling $4,125,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Erica Lauren
Director
$0
Jennifer S Junker
Director
$0
Nancy Schaffel
Director
$0
Neil Schaffel
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $200,978
Net Rental Income$0
Net Gain on Sale of Assets $724,574
Capital Gain Net Income $724,574
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $925,552

Grants Awarded

Over the last fiscal year, Murar Foundation Inc has awarded $487,000 in support to 10 organizations.

Grant RecipientAmount

APPALACHAIAN THEATRE OF THE HIGH COUNTRY

PURPOSE: RESTORATION OF THE OLD APPALACHIAN THEATER FOR FUTURE ARTISTIC PERFORMANCES

$50,000

APPALACHIAN REGIONAL HEALTHCARE FOUNDATION

PURPOSE: SUPPORTS THE REGIONAL HEALTHCARE SYSTEM BRINGING CARE TO INDIVIDUALS

$25,000

ASU FOUNDATION INC

PURPOSE: FUNDS RESTRICTED TO ENDOWMENT PROMOTING CLASSICAL MUSIC AT THE SUMMER FESTIVAL

$282,000

AVERY COUNTY HUMANE SOCIETY

PURPOSE: ANIMAL SHELTER AND CARE

$25,000

CAMP FIESTA INC

PURPOSE: SUMMER CAMP FOR CHILDREN WITH CANCER

$10,000

LEES-MCRAE COLLEGE

PURPOSE: UNDERGRADUATE FOUR YEAR COLLEGE SERVING THE HIGH COUNTRY OF NORTH CAROLINA

$20,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Arthur M Blank Family Foundation
Atlanta, GA
$105,332,175
John Bulow Campbell Foundation
Atlanta, GA
$49,261,799
Darla Moore And Richard Rainwater Foundation
Lake City, SC
$68,195,128
Poplar Foundation
Memphis, TN
-$14,934
The Rosser Foundation A Pure Charitable Trust And Public Charit
Newport News, VA
$29,777,822
C D Spangler Foundation Inc
Charlotte, NC
$39,402,450
John M Belk Endowment
Charlotte, NC
$11,349,973
Quantitative Foundation
Charlottesville, VA
$1,400,916
The Ezrah Charitable Trust
Charlotte, NC
$316,101,045
Ththe Grady Health Foundation Inc
Atlanta, GA
$23,438,249
Bolick Foundation
Conover, NC
$7,537,966
Manning Family Foundation
Charlottesville, VA
$5,624,625
Pyramid Peak Foundation
Memphis, TN
$983,586
Robert E And Jenny D Kirkland Found
Union City, TN
$10,828,232
The Haslam 3 Foundation Inc
Knoxville, TN
$12,489,767
Davis Love Iii Foundation
St Simons Island, GA
$12,009,621
Revada Foundation
Alexandria, VA
$3,258,811
Scarlett Family Foundation
Nashville, TN
$11,491,025
Speer Foundation
Brentwood, TN
$6,876,925
Bill And Crissy Haslam Foundation
Knoxville, TN
$10,642,071
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Argo Family Fund
Atlanta, GA
$16,759,071
Darnall W Boyd Foundation Inc
Columbia, SC
$8,499,212
Charles Koch Foundation Ii
Arlington, VA
$13,641

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